The overabundance of suppliers of news and information, nonetheless the supply, leads to another corollary, one that might seem to be counter-intuitive: the ‘good enough’ beats perfect. The overabundance of suppliers leads to competition that actually lowers the threshold of acceptable quality. When there were few suppliers, they used higher quality content (i.e., ‘high production values’) as a competitive weapon against each other. But now that there is an overabundance of suppliers, their competition levers towards being the first to produce content that is at least of acceptable quality. Millions of videos are viewed billions of times each month on sites such as YouTube.com (+3 billion per month) not because of high production values, but because the videos are at least ‘good enough’ to watch. The production of higher quality delays distribution and widespread usage. This corollary runs against the grain of traditional Mass Media organizations, which tend to delay release of their content until it is perfect, but the effect of this corollary is an observable phenomenon.

About

Howard Owens is a digital media pioneer. He started publishing local news online in 1995 when very few local news outlets had web sites. The header image on the site depicts the film camera he used early in his career and the press pass from his year on the staff of the Carlsbad Journal. For more on Howard's professional background, read his LinkedIn profile.

HowardOwens.com is the personal web site of Howard Owens and covers his range of interests -- political localism and libertarianism, music and personal interests, as well as his professional interests.

Howard is currently publisher of The Batavian and lives in Batavia, N.Y.